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Don’t the shorts have to borrow that money? I heard the interest rate is way over 25%…,
DOE advisory panel offers new "clean energy" and natural gas reports
A Department of Energy advisory committee said Tuesday that the nascent “clean” hydrogen industry is not growing fast enough to meet U.S. climate goals, a conclusion that Energy Secretary Jennifer Granholm called “sobering.”
(Energy Secretary Jennifer Granholm and other officials outline takeaways on new “clean” hydrogen and natural gas reports.)
"The hydrogen industry needs additional federal support in order to reach levels required to achieve net-zero U.S. carbon emissions by 2050, according to the NPC hydrogen report."
"Emerging “green” hydrogen made from renewable-powered electricity needs $1.8 trillion in capital investment between now and 2050 to support the 2050 goal. “Blue” hydrogen made from fossil fuels and carbon capture needs $100 billion in investment to do the same."
"If there are significant policy advancements and a large build-out of infrastructure for emission-reductions projects such as carbon capture and storage, methane emissions from the natural gas supply chain could fall by an estimated 70 percent and CO2 emissions could decline by 33 percent through 2050, the report found."
https://www.eenews.net/articles/doe-advisory-panel-offers-sobering-view-on-hydrogen/
The DOW the NASDAQ and S&P, etc, the "market", a non human entity, is high on the prospect of easing monetary policy. Being forward looking, the "market" is factoring in easing interest rates that benefit big stocks. Hence bigger stocks benefitting in the past few days.
FCEL at the moment is a market contrarian stock. When the market gets excited, bigger stocks get more attention and small caps are set aside. When the "Market" pulls back, money is re-directed into safer small cap stocks. This drives up the price of the small cap. It is a cycle.
Shorts know this cycle and can capitalize on the swings.
More important. Where is the catastrophic news about FCEL that is driving the stock price down?
THERE IS NONE
Bashers will say the fundamentals have changed.
BULL
If you do the math FCEL would have to lose $67,650,000 in cash or factories ( real value)in 5 days (based on 0.15 cents loss/share since May 1st) Neither of which happened. No Fundamental change, no catastrophic news, no theft of over $67 million dollars of cash or buildings. Manipulation pure and simple.
The date of Blackrock reducing its number of shares is a normal readjustment that benefits companies if performed before the new year. Hence the date of change 12/31/23.
Massive shorting pure and simple.
68.7 million shares. Is it a washout before a bounce ? Or is more to come.
A bounce is deserved given the beating this stock has taken. But be sure' its a bounce only to the underside of $1.00.
There Instiutions will continue theire relenless selling and with no buying support, the stock will go lower.
All this while the permabull scratches his head looking for another excuse.
Institutions are finally getting the message.When Blackrock Sells can others be far behind.
PermaBulls can't understand it. They still insist the whole market is wrong. But while they desperately try to push the stock, any one with any investment understanding could have seen this coming. All signals were there.
At $.79 the stock is Oversold. But know this: a stock can become more oversold and extremely so.
It should bounce . But I can say with some degree of confidence that it ultimately will drop below $.75 and come close to $.50.
For 3 years you heard HOGWASH continue to push,push, push.
Neglecting to recognize the basic reasons a stock rises and falls and this is the payoff.. Look at the record. ABYSSMAL. Research should be thorough, objective and not biased and one sided. DD should be in depth.
Its an embarrassing record and the board deserves more. Apology is in order and and admission of the mistakes should be made.
His one follower needs has muchto learn.
Trying to figure out whatever crap I can. Apparently Black Rock dished 15% of their shares. Vanguard added almost 4%. Vanguard is over 42 million now. Black Rock is still over 35 million. Black Rock may actually be angling to average down by starting a selling frenzy.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.nasdaq.com/market-activity/stocks/fcel/institutional-holdings&ved=2ahUKEwiL_Yvns_yFAxXnEmIAHQe8AZoQFnoECCgQAQ&usg=AOvVaw2Ir1R9DP1eCysIumhTYpJX
And both companies having a spat over Hess Oil.
they are stuffing their pockets with billions and billions in profits and keep coming to the fed gov wondering how much their welfare checks will be this month...
smh
how about new multi year lows?....how do you feel about that?...especially when you keep buying shares that almost immediately lose value?..
lmao
Exxon, Chevron seeking clear rules on US clean energy subsidies
https://www.reuters.com/sustainability/climate-energy/exxon-chevron-ceos-seek-clear-rules-us-clean-energy-subsidies-2024-05-06/#:~:text=May%206%20(Reuters)%20%2D%20Top,needed%20to%20fight%20climate%20change.
Cicadas. I hate cicadas.
"Added 200. Will be rewarded."
oops...you are already down on that buy...lol
you two guys are like a living breathing example of how NOT to invest....
"Yesterday Hogwash in a never ending effort to convince others and maybe himself that the stock is about to penetrate $1.00 now has to set his sites on keeping sbove $.75 or so."
i believe it was yesterday that hedgehog conjured up a support level of 84 cents....today it easily and quickly dropped right through that "support" as if it wasnt even there...
because it wasnt!...lmao
"Lets see if the 2 perma bulls put their money where thir mouth is and step up and BUY,BUY,BUY."
i think king said he bought 50 shares?...lol...now he has a grand total of like 500?...smh
ps...oh oh... looks like he just bought 200 more shares...watch out...it looks like he might bust open the piggy bank and spend $250 today...
"They have evolved tremendously over the past 6 plus years."
6 years ago, the pps was 22 bucks...now its 81 cents....but the company is so much better now?...you better hope the company doesnt keep getting better then...lol
how about this?....10 years ago the pps was equivilent to 400 bucks per share...
"The only significant partner they had with any significant revenue coming in was all coming from Posco until right about the time Few took over."
and then he sued them...
" Anybody bashing Jason few has no clue what he's done with the company."
hes taken the pps down to 81 cents...investors make or lose money based on what the pps is...smoke and miirrors doesnt raise the pps...neither does BS...
"First and foremost he immediately took to getting rid of all bad debt "
didnt he dilute the stock to pay off the debt...wonderful...but has it helped the pps?...no..
"and eliminating any unnecessary expenses."
really?...the biggest expense for any business is employee costs...Few went on a hiring spree and hired hundreds of employees who cost a fortune to keep...and i dont think anyone knows what half of them are doing...i have no doubt its like government workers...one guy digs a hole while 2 others stand around and watch and a fourth supervises...SMH
"Then he made the 5-year plan prioritizing what and how they were going to do to turn the company around."
and the result is 81 cents per share!...
"big money is manipulating many stocks including this one"
SMGDH
Short squeeze before earnings will surprise. Manipulation present to keep price in narrow range. Bought more. Every share not available to shorties causes price to rise more quickly during short squeeze. Buy and hold. Easy money.
Well here we are looking just above a $.75 cent stock which is where I placed it.
While the pusher Bulls desperately try to convince thenselves its of no concern, the stock erodes every day.
Excuses run rampant between the 2 perma Bulls and are links are posted non-stop to calm their nerves.
What's missing is the real reasons for the collapse.
Yesterday Hogwash in a never ending effort to convince others and maybe himself that the stock is about to penetrate $1.00 now has to set his sites on keeping sbove $.75 or so. .
The king of creative excuseds has fallen back on shorts and maipulation as his excuse. . Nothing can be further from the truth. Shorts could never be so successful unless there was insufficient buying support to prevent it. And as I so often said, Shorts are there for a good reason.
This stock has lost all support. The fundamental suggest it belongs where it is. It has negative valu so it may beoverpriced right here.
Lets see if the 2 perma bulls put their money where thir mouth is and step up and BUY,BUY,BUY. Getting Nervous are they?
The cash flows are the pivot point to the growth. Pretty soon it will be easier to play with billions. Five year cycle approaching. Watch out! We are only a few weeks from earnings. Short squeeze on its way.
Need the "exercise". Sometimes my eyes are so tired from lifting all those sentences!
Throw in a few acronyms and I am whooped!
Shorts like to time attacks around good or bad news. We have had plenty of good news, most recently the ribbon cutting with Toyota. So two short hits today. One at 9:30 an again about an hour later. Price will drift up until 2:30 -3:00 before the final hit. Its not just the sorting itself it is also the psychology. A Reddit type short buster can decimate the shorties. Unlimited losses for them if they are not careful.
South Korea could explain need for $, if selling shares. $100M to add $1B to backlog would make sense!
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://finance.yahoo.com/news/fuelcell-energy-strengthens-presence-korean-120000002.html&ved=2ahUKEwjClbih9PuFAxUgD1kFHeGgCA4Qjjh6BAg1EAE&usg=AOvVaw2QFwnF17Y-1n9VgeD3szD6
FCE initially won a moderate amount of $, But more importantly got the Posco monkey off their back. Recent developments are such that FCE Can market and sell directly in South Korea and has been pursuing such stating in recent quarters they are making progress. They're in the latter stages of the sales process hoping and planning to sign a fairly large amount of contracts to restart projects with their technology previously installed in South Korea. Over 100MW of projects are available. Start up would require replacement modules and a commissioning process. They would be accompanied by service agreements. Start up and commissioning would bring in a substantial amount of cash regardless of whether it's 20 megawatts or 100. S&L would add a large amount to backlog.
https://www.mediatewith.me/portfolio/us-korean-fuel-cell-dispute-settles/
We're not talking $10-$20M we're talking 100s of millions, possibly even over $1B to backlog. I have been anticipating this since before the original settlement.
There's so many good things about this company but one of the best things for investors doing their diligence is that they do not have all of her eggs in one basket. They have evolved tremendously over the past 6 plus years. The only significant partner they had with any significant revenue coming in was all coming from Posco until right about the time Few took over. Anybody bashing Jason few has no clue what he's done with the company. First and foremost he immediately took to getting rid of all bad debt and eliminating any unnecessary expenses. Then he made the 5-year plan prioritizing what and how they were going to do to turn the company around. What people don't understand at least it seems like, is the big money is manipulating many stocks including this one. There's not one CEO or individual in the world that can change that. Of course Warren Buffett making a 1 billion dollar investment wouldn't hurt. Any chance you could text him
Retirement affords some reading benefits!
No rhyme no reason other than shorting. 300 million in cash is plenty for this company for now. Of course they're going to need some cash within the next few quarters in order to maintain more than one year of operational costs. Part of the problem is that I think Few wants to stay well ahead of the game and keep that cash at or over 300 million. Especially since Cap-X has been increasing to grow the company. A $300M mine of credit at prime wouldn't be bad. That would put them beyond 2026 when Porthos should be operational. If you think about it the official ribbon cutting of the port of Long Beach was a huge high-profile deal. That's definitely one of if not the most relevant technology today.
Thanks for the article feed. I also buy our local utility electric supplier. They pay a good dividend to help pay the electric bill. BTW that article is a small book!
Me too. Bought at .8204.
Another interesting article.
https://www.sciencedirect.com/science/article/pii/S259033222400037X
Just bought 50 at less than .082 No news to cause a drop. Shorting pure and simple. If this follows yesterday's pattern the stock will be allowed to drift up a few points then followed by another short attack.
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The problem is that we've had a ton of good news You could take any three or four pieces of good news we've had since October and translate that to a higher share price Not a lower share price. So when you combine all of it there's no way to share price should be under a dollar no way. So clearly it's not about fundamentals or the company it's about what the people playing the money want. Which is exactly why the meme craze happened to stick it up there you know what. A Reddit collaboration could easily push this up to $30
Quote " So much added value in 5 years ".
According to Peter Lynch in his highly regarded formula for determing a company's value, FCEL's value is negative. That is its below zero. NEGATIVE.
THE STOCK HAS BEEN IN FREE FALL FOR 3 YEARS FOR A VERY GOOD REASON.
Basic Technical Analysis:
THe support was $1.00. It shows up on a chart multiple times.
When it broke below , it broke major support. Once that occurs, $1.00 become Resistance
There is no support from this level until minor support shows at $.75. $.50 looks possible as well.
There is no debate on support and resistance levels. The stock remains in an elongated downtrend with nothing to indicate it will change. Until it does which is at levels considerable above $1.00 the technicals continue to flash a SELL.
Continuous mis-leading reading of charts and indicators are a clear indication of a lack of basic understaning of Techncal Analysis.
Your record proves it.
Quote " He (FEW) didn't come this far to fail".He's already failed miserably
Keep the comedy coming. Since his tenure the company lost money in every quarter. Revenues dropped 55% in the last one. Expenses rose while backlog dropped. Recently increased debt by $13 million to finance Derby at hgh interest rates.
And for it all he's diluted shareholder value by increasing authorized shares by 500,000,000 and awarded himself millions in salary for it all.
The company faces de-listing possibilities if it remains under $1.00.
Much to learn grasshopper.
And you think he hasn't failed. LMAO
" Keep upthe good work".
That's hilarious.
Wow! A lot going on. The DOE Multi Year Plan is 170 pages. A little light reading😂 You do a boatload of dd. Keep up the good work!
Ya I was surprised by todays short push. It was atypical but clearly there. Push pause push and again in the last hour as price rebounded too quickly. A short squeeze would be nice. A follow up on MOU with a beat this quarter would really be nice. I believe Few is aware of long shareholder sentiment, and delisting not an option. He didn't come this far to fail. FCEL is a bigger company than meets the eye. Once we get through this doldrum we fly snd never look back.
Thanks, good luck to you also. Good news monthly moving forward
https://www.google.com/url?rct=j&sa=t&url=https://www.power-technology.com/data-insights/fuelcell-energy-gets-grant-for-fuel-cell-system-with-carbon-dioxide-removal/&ct=ga&cd=CAEYACoTNDQxNzA5MjUyNzY3NDA4NDQ0NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3tvOH8mnLMIPuONXouzGze
https://www.google.com/url?rct=j&sa=t&url=https://www.energy.gov/eere/fuelcells/articles/us-department-energys-hydrogen-and-fuel-cell-technologies-office-releases&ct=ga&cd=CAEYAyoTNDQxNzA5MjUyNzY3NDA4NDQ0NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3qRtUMWi_ZS_5rAz4yShtC
https://www.google.com/url?rct=j&sa=t&url=https://www.energy.gov/eere/fuelcells/articles/us-department-energy-announces-8-million-advance-electrolyzer-and-fuel-cell&ct=ga&cd=CAEYBCoTNDQxNzA5MjUyNzY3NDA4NDQ0NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw1AON0EvRz49ONKhcn5NsHr
With all the recent activity plus ramping up Hydrogen hydrolysis, it takes a lot of capital. We will know soon how many shares sold. Few is very measured in his responses during earnings and I trust the plan. The juggling of revenue and expansion is nerve racking. Unless you understand how success can precipitate a business bankruptcy you can't appreciate what Few et al are accomplishing. Look at PLUG. You don't ever want to be unable to keep up with orders for new business. Promising without delivery is a surefire way to fail. We have about two more critical weeks to endure. Low water shouldn't last past that. I am buying all I can but being retired my expenditures are restricted. Good luck to you. Keep the faith.
All signs currently suggest we have solid support over $.84. if we hold through Thursday, I think we get a pop to $1.10 or even up to $1.25. And if that happens, we could get at least a mini squeeze!
FCEL So much added value in 5 yrs. Lawyers salivating over PLUG. Short attacks once or twice a day. You can feel the downward pressure. I still say we are sitting on support. Today there were three separate shorts and even after hours there was upward movement.
I know it is difficult for some to believe how big that big money is. There is power out there that makes conspiracy theory look stupid. We are at pre 2019 prices. As if nothing happened in five years.
Would be awesome if they ended up someone's B---- in Prison! As I've stated repeatedly, great company specific developments since October, anything below $2 makes no sense, let alone ,$1.
Yes…that can happen…
When they find a shitty stock that has little going for it and is already in a downtrend, they will short the living crap out of it…
But what they won’t do, is short a good stock…
So you think shorts are targeting fcel?…
Well then, I guess fcel is a shitty stock…
If you believe this to be true, why are you in FCEL. You can't possibly win.
BTW- How are "counterfeit shares" created. This sounds bizarre.
That kind of volume can't be retail. Seems to me at days end 40 mil shares or more will change hands.
Institutions are in there big time shaving their holdings.
Possible downgrade by an analyst could trigger it as well.
theres certainly more selling than buying going on...and its been that way for quite a while...
i was thinking it was the result of the company diluting...and thats the best case scenario...
if the pps has been dropping because of institutional selling........yikes!...
Read Hogwash post49511 at the top of the page. It was dated Sept 22nd 2022.
Skip the 13 paragraphs of promotional stuff and read the predictions.
The ask - What went wrong?
25.128 million shares as of 1:15 PM. Stock down in up market.
Institutions are surely Selling!
FuelCell Energy, Inc. (NASDAQ: FCEL) is an integrated fuel cell company that designs, manufactures, installs, operates and services stationary fuel cell power plants.
As a leading global fuel cell company, we provide ultra-clean, efficient and reliable baseload distributed generation for electric utilities, commercial and industrial companies, universities, municipalities, government entities and other customers around the world.
Direct FuelCell® (DFC®) power plants manufactured by FuelCell Energy can utilize a variety of fuels including renewable biogas from wastewater treatment and food processing, as well as clean natural gas, directed biogas and propane.
Our DFC power plants produce power electrochemically — without burning fuels — making them clean, quiet and environmentally responsible alternatives to combustion-based generation.
Our power plants have generated more than 1.5 billion kilowatt hours of ultra-clean electricity, equivalent to powering more than 135,000 average-size U.S. homes for one year.
FuelCell Energy’s world headquarters are located in Danbury, Connecticut, in the USA. Our global markets are served from a state-of-the-art production facility in nearby Torrington, Connecticut.
Our customers in Europe are served by German-based FuelCell Energy Solutions, GmbH, a majority owned joint venture with sales and service located in Dresden, Germany and manufacturing in Ottobrunn, Germany, which is near Munich.
Customers in Asia are served by our partner POSCO Energy from manufacturing facilities located in Pohang, South Korea.
FuelCell Energy offers a comprehensive portfolio of services for fuel cell power plants. Specially trained technicians and engineers remotely operate and maintain virtually our entire installed base of Direct FuelCell power plants globally, 24 hours per day, 365 days per year from the state-of-the-art Global Technical Assistance Center located at our Danbury, Connecticut headquarters. Field service technicians directly employed by FuelCell Energy service the power plants on-site.
FuelCell Energy scientists are actively researching unique applications for our versatile DFC technology including hydrogen generation and carbon capture. In addition, we are pursuing research with solid oxide fuel cells as well ashydrogen compression and storage.
FuelCell Energy’s international reputation for leadership in ultra-clean energy solutions has been built on a long history of innovative research and development that reflects the successes of our highly talented and creative workforce. We are the first fuel cell manufacturer to commercialize megawatt-class stationary fuel cell power plants and we believe that we are the first stationary fuel cell manufacturer to generate a quarterly gross profit.
FuelCell Energy traces its roots back to 1969 and the founding of Energy Research Corporation (ERC) by early fuel cell pioneers Bernard Baker and Martin Klein, both chemical engineers with expertise in advanced battery technologies.
In the 1970′s, with funding from the U.S. military and utility companies, the Company conducted extensive research into low-temperature fuel cells as well as silver-zinc battery cells. In the 1980′s and 1990′s the Company switched its focus to high-temperature carbonate fuel cell systems which offered greater commercial applications due to the ability to internally reform readily available fuels such as natural gas and renewable biogas within the fuel cell itself to provide the hydrogen for the power generation process.
Our first commercial power plant was installed in 2003 using a 250 kilowatt (kW) fuel cell stack. Through technology enhancements and cost reductions, we have increased the power output of the stacks by 40 percent to 350 kW and reduced product costs by more than 60 percent. Today we are installing multi-megawatt fuel cell plants and fuel cell parks globally.
The production facility in Torrington, Connecticut, USA was completed in 2001 and produced [2] megawatts (MW) of product the first year. As of the end of fiscal year 2012, the plant was producing at an annual run-rate of 56 MW. The total annual capacity of the facility is 90 MW.
FuelCell Energy began expanding globally in 2007 through its partnership with POSCO Energy , targeting markets in Southeast Asia, particularly South Korea. A European manufacturing, sales and service presence was established in 2012, with German-based FuelCell Energy Solutions, GmbH.
1969 | Company founded as Energy Research Corporation (ERC) |
1992 | 120 kilowatt fuel cell stack demonstrated |
1992 | Initial Public Offering (IPO) |
1996 | 2 megawatt demonstration plant installed in Santa Clara, California |
1999 | Company focuses on carbonate fuel cells, is renamed FuelCell Energy, Inc. & spins off battery division, Evercel |
2003 | First commercial installation of a Direct FuelCell® power plant |
2003 | Annual production of approximately 3 megawatts |
2007 | POSCO Energy partnership begins – global expansion commences |
2007 | Annual production of approximately 11 megawatts |
2009 | Production of 350 kilowatt stack commences |
2011 | Power output milestone reached with one billion kWh of ultra clean electricity produced since 2003 |
2011 | 11 megawatt fuel cell park commences operations in South Korea |
2011 | Annual production of approximately 46 megawatts |
2012 | European presence established with FuelCell Energy Solutions, GmbH |
2012 | Asian manufacturing strategy implemented through license agreement with POSCO Energy |
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